Seven oil contracts signed on sidelines of Petrotech confab in Tehran
Seven technology-oriented contracts were signed on the sidelines of a two-day Petrotech conference in Tehran between state-owned and knowledge-based companies.
The Third Petrotech Conference commenced in Tehran on Sunday with the participation of key subsidiaries of Iran’s Oil Ministry and senior oil industry officials, Shana reported.
On the first day, seven technology-related contracts in the oil industry were signed between state-owned and knowledge-based companies, which was inked by senior oil industry executives.
Accordingly, a contract was signed between the National Iranian South Oil Company (NISOC), and the Petro Pazhohan Nano Gostar.
The NISOC also signed another contract for the “Localization of 20-inch, 10.562-inch thick, 60X grade slotted casing pipes,” which was signed with Ahvaz Pipe Mills Co. (APM).
The National Iranian Gas Company also signed a contract for the provision of Methyl Diethanolamine (MDEA) with an oil and petrochemical equipment supplier. The contract was finalized between the National Iranian Gas Company, and Petro Tolid Fahm Co.
MDEA has extensive application in the gas sweetening process in refining and petrochemical industries, aiming to separate hydrogen sulfide and carbon dioxide to prevent corrosion of gas transmission pipelines and preserve the thermal value of natural gas.
The National Iranian Offshore Oil Company also signed two contracts. It first signed a contract with the manufacturing company, Turbin Machine Middle East, for the production and localization of 6 to 9 MW class Solar Taurus 70 turbine turbo generators.
Additionally, the National Iranian Offshore Oil Company signed another contract with a knowledge-based company for the design, construction, and commissioning of the Qeshm processing plant’s industrial wastewater treatment system for discharge according to environmental standards.
The Arvandan Oil and Gas Company also clinched a contract for the provision of a device for measuring sulfur in crude oil with a knowledge-based company.
The conference, held in collaboration with all key players in the oil industry’s technology ecosystem, is supported by the Oil Ministry’s Engineering, Research, and Technology Department, along with the four main oil sector companies.
During the event, also nine first-time-produced products will be unveiled. The conference features specialized panels on topics such as “Knowledge-Based Oil and Gas Production Enhancement,” “Energy Economics and Smart Supply Chain Management of Petroleum Products,” “Digital Transformation in the National Iranian Gas Company,” “Petrochemical Industry Research Achievements,” and “The Hydrogen Economy: A Clean Fuel for the Future – Challenges and Opportunities,” attended by senior industry officials.